Revenue
36.9% of sector revenue
790 companies earned 347.63m€ in 2025, 36.9% of Transport & logistics sector revenue. Revenue has grown 3.1× since 2015.
36.9% of sector revenue
336 with at most one employee
Largest employer: NTC Logistics (146)
Median company 4.6% · 64% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 301–350 of 790
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Totals include 8 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 112,256,133€ | 346 |
| 2016 | 136,536,966€ | 387 |
| 2017 | 173,262,325€ | 427 |
| 2018 | 217,143,544€ | 470 |
| 2019 | 201,051,273€ | 505 |
| 2020 | 189,741,151€ | 535 |
| 2021 | 230,123,106€ | 575 |
| 2022 | 301,162,196€ | 647 |
| 2023 | 309,947,917€ | 706 |
| 2024 | 337,088,676€ | 766 |
| 2025 (Preliminary) | 347,625,350€ | 790 |
Employees and payroll cost per employee per month*
<0.1% |
| 134,544€ |
| +60.6% |
| 6,189€ |
| 4.6% |
| 3 |
| 1,743€ |
| 303 | Jet - Trans03128920 · Podgorica | <0.1% | 132,258€ | -3.6% | 7,572€ | 5.7% | 3 | 942€ |
| 304 | Ci - Tra02693836 · Bar | <0.1% | 132,228€ | +15.9% | 31,004€ | 23.4% | 4 | 675€ |
| 305 | Sveti Nikola - NK03291235 · Nikšić | <0.1% | 131,844€ | -21.2% | 8,569€ | 6.5% | 3 | 1,226€ |
| 306 | Vladex Transport03606104 · Podgorica | <0.1% | 131,821€ | +78.3% | 2,517€ | 1.9% | 2 | 1,331€ |
| 307 | Transport03519953 · Berane | <0.1% | 129,689€ | -3.4% | -13,052€ | -10.1% | 3 | 2,180€ |
| 308 | Most Company03014959 · Cetinje | <0.1% | 128,970€ | +18.1% | 2,836€ | 2.2% | 2 | 2,211€ |
| 309 | Fiducia03174611 · Cetinje | <0.1% | 128,437€ | -30.4% | 8,577€ | 6.7% | 1 | 678€ |
| 310 | Mijušković Transport MB03252086 · Nikšić | <0.1% | 126,490€ | +4.9% | 25,954€ | 20.5% | 2 | 1,892€ |
| 311 | R.D. Trans Montenegro03219640 · Podgorica | <0.1% | 125,846€ | +117.0% | 167€ | 0.1% | 3 | 663€ |
| 312 | Kralj02883341 · Bar | <0.1% | 125,216€ | +21.3% | -10,588€ | -8.5% | 3 | 616€ |
| 313 | Vibal03044645 · Nikšić | <0.1% | 125,039€ | -33.0% | -19,335€ | -15.5% | 1 | 1,105€ |
| 314 | Bogcomerc02299011 · Tivat | <0.1% | 124,019€ | +15.7% | -14,974€ | -12.1% | 3 | 955€ |
| 315 | Jozo02698935 · Ulcinj | <0.1% | 123,465€ | -15.2% | -1,095€ | -0.9% | 3 | 716€ |
| 316 | Avio Trans03242145 · Zeta | <0.1% | 123,173€ | +47.4% | 33,287€ | 27.0% | 1 | 1,082€ |
| 317 | Er Trade03297306 · Rožaje | <0.1% | 122,730€ | +17.7% | 18,772€ | 15.3% | 2 | 1,194€ |
| 318 | Auto Target03553507 · Podgorica | <0.1% | 120,359€ | +35.6% | 469€ | 0.4% | 2 | 1,418€ |
| 319 | Nurković02422255 · Rožaje | <0.1% | 119,688€ | +12.0% | -38,036€ | -31.8% | 6 | 1,106€ |
| 320 | FS - Komerc03152332 · Nikšić | <0.1% | 118,446€ | +72.8% | 10,519€ | 8.9% | 3 | 722€ |
| 321 | Lučić Šped03215326 · Nikšić | <0.1% | 118,291€ | +12.6% | 11,025€ | 9.3% | 2 | 1,650€ |
| 322 | Signal - Commerce MP02983281 · Kotor | <0.1% | 118,028€ | +77.3% | 46,983€ | 39.8% | 1 | 1,876€ |
| 323 | Iglcom02417286 · Cetinje | <0.1% | 117,956€ | -9.4% | 12,412€ | 10.5% | 1 | 1,228€ |
| 324 | Ružić Transport02637863 · Bar | <0.1% | 116,106€ | +34.7% | 9,474€ | 8.2% | 2 | 1,313€ |
| 325 | B&J03421821 · Mojkovac | <0.1% | 116,101€ | +6.8% | 10,278€ | 8.9% | 1 | 1,606€ |
| 326 | Adrović03534065 · Petnjica | <0.1% | 115,800€ | +17.1% | 10,068€ | 8.7% | 3 | 1,019€ |
| 327 | Novento03181081 · Pljevlja | <0.1% | 114,066€ | +333.4% | 1,061€ | 0.9% | 1 | — |
| 328 | Dacex03021815 · Rožaje | <0.1% | 112,135€ | -2.3% | 5,819€ | 5.2% | 2 | 991€ |
| 329 | Prevoz Pavlović02977281 · Herceg Novi | <0.1% | 112,068€ | -5.1% | -22,559€ | -20.1% | 6 | 658€ |
| 330 | DB Logistics03131777 · Podgorica | <0.1% | 110,947€ | -36.1% | 7,308€ | 6.6% | 2 | 509€ |
| 331 | MS Trans03226280 · Cetinje | <0.1% | 110,893€ | +15.9% | 961€ | 0.9% | 1 | 675€ |
| 332 | Top Trans03250261 · Rožaje | <0.1% | 109,899€ | -36.5% | 193€ | 0.2% | 3 | 1,283€ |
| 333 | H-M-Trans-0103388565 · Rožaje | <0.1% | 109,267€ | +16.9% | 17,200€ | 15.7% | 2 | 703€ |
| 334 | MTC Logistic03120732 · Podgorica | <0.1% | 108,318€ | -62.6% | 6,321€ | 5.8% | 1 | 1,765€ |
| 335 | Transcop03224805 · Bar | <0.1% | 108,301€ | +142.1% | 39,322€ | 36.3% | 3 | 525€ |
| 336 | Okitrans Company03307280 · Herceg Novi | <0.1% | 107,334€ | +173.4% | 8,592€ | 8.0% | 2 | — |
| 337 | BS Transport03605841 · Nikšić | <0.1% | 107,105€ | +27.0% | 20,035€ | 18.7% | 1 | 1,737€ |
| 338 | Max Trans03362639 · Pljevlja | <0.1% | 106,671€ | -16.6% | -454€ | -0.4% | 2 | 1,092€ |
| 339 | Mani Šped03102173 · Rožaje | <0.1% | 106,479€ | +11.8% | -6,031€ | -5.7% | 3 | 912€ |
| 340 | Inb-Company03592863 · Nikšić | <0.1% | 106,018€ | +76.0% | -13,484€ | -12.7% | 1 | 4,572€ |
| 341 | JNT Šped03521184 · Podgorica | <0.1% | 105,996€ | +5.1% | 9,146€ | 8.6% | 4 | 495€ |
| 342 | Vip Group Logistic Int03018474 · Podgorica | <0.1% | 104,548€ | -30.4% | -28,483€ | -27.2% | 3 | 789€ |
| 343 | Držak02660172 · Bar | <0.1% | 104,299€ | +390.2% | 4,218€ | 4.0% | 2 | 975€ |
| 344 | VBBB03197255 · Nikšić | <0.1% | 103,375€ | +14.8% | 4,649€ | 4.5% | 3 | 836€ |
| 345 | Sistem Transport03236447 · Zeta | <0.1% | 101,271€ | +27.4% | 29,145€ | 28.8% | 1 | 2,279€ |
| 346 | ZZT - Minel03116379 · Plav | <0.1% | 100,202€ | -31.5% | 45,845€ | 45.8% | 1 | — |
| 347 | Libe Company03335330 · Podgorica | <0.1% | 98,930€ | +147.3% | 18,548€ | 18.7% | 1 | 678€ |
| 348 | Minel Šped03703924 · Plav | <0.1% | 98,493€ | No filing for 2024. | 15,158€ | 15.4% | 3 | 767€ |
| 349 | Dass02411334 · Rožaje | <0.1% | 97,853€ | No filing for 2024. | 7,047€ | 7.2% | 0 | — |
| 350 | L&N Transport03616436 · Cetinje | <0.1% | 97,629€ | +26.5% | 6,036€ | 6.2% | 2 | 1,764€ |